Latest news with #APERC
New Indian Express
a day ago
- Business
- New Indian Express
APERC approves PPA, capital cost and tariff for Unit-2 of SEIL Project-1
VIJAYAWADA: The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a significant order approving the Power Purchase Agreement (PPA), and determining the capital cost and tariff for Unit-2 of Project-1 (660 MW) of SEIL Energy India Limited, located in Nelatur and Pynampuram of Nellore district. The order, dated June 17, 2025, addresses two petitions, one from APDISCOMs — APSPDCL, APEPDCL and APCPDCL — for PPA approval, and another from SEIL for capital cost and tariff determination for FY26-FY29. The 12-year PPA, effective from the approval date, was greenlit with conditions. APERC restricted power generation to concessional or zero-premium coal allocated under the Shakthi B(iii) policy, allowing DISCOMs flexibility to procure power using premium coal when needed. The obligation for DISCOMs to pay 70% of fixed costs during non-offtake periods or cover SEIL's Force Majeure costs due to political events was rejected.
Hans India
01-05-2025
- General
- Hans India
Collector orders swift PM Surya Ghar rollout
Kurnool: District Collector P Ranjith Basha has directed APSPDCL Superintending Engineer to expedite the Pradhan Mantri Surya Ghar Scheme in Kurnool district. At a review meeting on PM Surya Ghar and PM KUSUM schemes held at the Collectorate on Wednesday, the Collector stressed timely progress in installations. He informed that 87,477 individuals have registered for PM Surya Ghar, including 81,390 from SC/ST categories and 6,087 from other groups. He urged swift action once APERC approvals are received for SC/ST applicants. Concerned about low installations among other categories (only 442 completed), he called for faster implementation. Under the scheme, one village per constituency has been chosen as a Model Solar Village. Six gram panchayats and Puchakayalamada (under the CM's Assurance) are part of this initiative. Although registrations are ongoing, implementation has been slow. The Collector set a target of installing rooftop solar panels in at least 100 homes per model village. He instructed secretariat staff and engineers to conduct door-to-door campaigns and involve women self-help groups to raise awareness and support installations through loans. A 2 kW solar system, worth Rs 1.4 lakh, comes with a Rs 60,000 subsidy, offering up to 20 years of free electricity. DRDA PD was asked to ensure beneficiaries are informed and supported. He also urged distribution of pamphlets in villages and prioritized solar panel installation in government employees' homes. Regarding PM KUSUM, the Collector stated tenders will be finalized by May 8 and asked officials to prepare an action plan.
